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Sue wants to save $1,000,000 in twenty years. She estimates she can earn 8.5 percent on savings. She intends to make deposits at the beginning
Sue wants to save $1,000,000 in twenty years. She estimates she can earn 8.5 percent on savings. She intends to make deposits at the beginning of every year in a series of equal payments starting today. How much does she need to save each year to reach her goal?
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